Company registration number: 12653389
Annual report and unaudited financial statements
for the year ended 30 June 2025
for
Master Steel Services Ltd
Pages for filing with the Registrar
Company registration number: 12653389
Master Steel Services Ltd
Balance sheet
as at 30 June 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 100,999 3,221
100,999 3,221
Current assets
Debtors 5 74,578 238,748
Cash at bank and in hand 5,044 -
79,622 238,748
Creditors: amounts falling due within one
year 		6 (76,443) (235,769)
Net current assets 3,179 2,979
Total assets less current liabilities 104,178 6,200
NET ASSETS 104,178 6,200
Capital and reserves
Called up share capital 100 (100)
Profit and loss account 104,078 6,300
TOTAL EQUITY 104,178 6,200
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12653389
Master Steel Services Ltd
Balance sheet - continued
as at 30 June 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr C Jones, Director
31 March 2026
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Master Steel Services Ltd
Notes to the financial statements
for the year ended 30 June 2025
1 Company information
Master Steel Services Ltd is a private company registered in England and Wales. Its registered number is 12653389. The company is limited by shares. Its registered office is Unit 21 Tims Boatyard, Timsway, Staines, TW18 3JY.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - over 5 years
Motor vehicles - over 5 years
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Master Steel Services Ltd
Notes to the financial statements - continued
for the year ended 30 June 2025
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 July 2024 5,231
Additions 123,530
At 30 June 2025 128,761
Depreciation
At 1 July 2024 2,010
Charge for year 25,752
At 30 June 2025 27,762
Net book value
At 30 June 2025 100,999
At 30 June 2024 3,221
5 Debtors
2025 2024
£ £
Trade debtors 70,385 232,262
Taxation 108 -
Other debtors 4,085 6,486
74,578 238,748
6 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts - 8
Trade creditors - 7,540
Other creditors 45,694 188,869
Social security and other tax 30,749 39,352
76,443 235,769
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Master Steel Services Ltd
Notes to the financial statements - continued
for the year ended 30 June 2025
6 Creditors: amounts falling due within one year - continued
Invoice finance facility

Included within other creditors is an amount of £35,824.58 in respect of the company's invoice finance /
factoring facility. This balance represents funding advanced to the company against factored trade
debtors and is repayable through customer collections received under the facility.
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